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Snugglybear

Stupid Towers Not Going To Be Built

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http://news.bbc.co.uk/1/hi/wales/8218188.stm

"Plans to build Wales' tallest building as part of a £500m development in Cardiff have been abandoned. At 33 storeys, Bay Pointe would have contained 1,800 flats and would have eclipsed the 28 storey Meridian Quay development in Swansea Marina. Instead, a scheme for 400 town houses and apartments near the International Sports Village in Cardiff Bay is due to be submitted to Cardiff council.

Developer Chris Hamilton said the market for apartment blocks had gone.

Originally the development was going to consist of 10 residential buildings with one of the towers 403ft (122.8m) high. It would have provided 360-degree views of Cardiff and beyond. But when the plans were announced in 2007, residents in the area had complained the towers would have been overbearing. Plaid Cymru AM Chris Franks also criticised the scheme for containing too little affordable housing and for putting pressure on the local traffic infrastructure.

The project should have been completed between 2014 and 2016.

Mr Hamilton, managing director of Bay Pointe Ltd, said the market from customers and in terms of funding had disappeared for big developments made up of apartments."

A real contender for the "No Shit, Sherlock" awards.

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Every time I travel into Cardiff via the 'bay' it reminds me of an old Soviet style city. In the next decade or so it will look like one too.

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Edited by superdez

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